You are here

China wealth fund plans to buy Australia office blocks

Wednesday, July 29, 2015 - 05:50

Sydney

SOVEREIGN fund China Investment Corp (CIC) plans to buy Australia's biggest office block portfolio from Morgan Stanley for US$1.82 billion, highlighting Beijing's appetite for stable assets offshore as the mainland economy sputters.

The US$200 billion CIC made its biggest

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom